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Colleen Lundgren, M.S.

colleen@colleenlundgren.com +1(207) 671-6026

Listed by Mindy Braley NextHome Discover

$ 199,000

Est. payment | -/mo

4,288 SqFt

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$ 199,000

Est. payment | -/mo

Save Virtual Tour

4,288 SqFt

Key Details

Property Type Commercial

Sub Type General Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,288 sqft

Price per Sqft $46

MLS Listing ID 1679218

Style Post & Beam

HOA Y/N No

Year Built 1927

Tax Year 2022

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type General Commercial

Source Maine Listings

Land Area 4288

Property Description

This versatile mixed-use property offers an incredible combination of spacious residential living and income-producing commercial space, all under one roof. The upper level features an expansive three-bedroom, two-bath residence filled with amenities and plenty of room to live, work, relax, and entertain. The updated kitchen offers newer cabinetry, flooring, and appliances, while the home's generous layout includes a large game room with a full-size pool table, dedicated office space, private sauna, hot tub, tanning bed, and a one-of-a-kind bar area incorporating pieces of Madawaska's local history. An enclosed wraparound porch provides additional living and entertaining space while overlooking the St. John Valley and surrounding scenery. Storage is certainly not lacking here. A full walk-up attic provides an abundance of additional space, while the oversized drive-in basement offers even more possibilities. The basement is equipped with a floor drain, compressed-air system with lines throughout the space, and multiple additional storage rooms—making it especially useful for vehicles, equipment, hobbies, or workshop needs. Professional spray-foam insulation throughout the building adds to its overall energy efficiency. At street level, the commercial portion of the property is divided into two separate spaces. One unit is currently occupied by a professional tenant under a two-year lease, providing an existing source of rental income. The larger commercial space is finished, vacant, and ready for its next use. Its flexible layout lends itself to a variety of retail, office, service, or other commercial possibilities. Whether you're an entrepreneur looking for the convenience of living and working in the same building, an investor interested in multiple income streams, or simply searching for a property with an extraordinary amount of space and flexibility, this one offers opportunities that are hard to find in the St. John Valley.

Location

State ME

County Aroostook

Zoning Commercial

Direction Located in front of Daigle Oil Gas Station

Rooms

Basement Walk-Out Access, Full, Unfinished

Interior

Interior Features Storage

Heating Oil, Wood, Heat Pump, Hot Water, Zoned

Cooling Heat Pump

Flooring Carpet, Tile, Wood

Exterior

Parking Features 1 - 4 Spaces, Garage

Waterfront Description Nearby

Roof Type Shingle

Garage Yes

Building

Lot Description Business District, Downtown, Near Shopping, Retail Strip, Water View

Story 2

Entry Level Multi-Level

Foundation Poured Concrete

Water Public

Others

Tax ID MADA-000004-000000-000025

Virtual Tour https://www.propertypanorama.com/instaview/mreis/1679218

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(207) 671-6026

colleen@colleenlundgren.com

63 Federal St, Portland, ME 04101, USA

328 Main ST Madawaska, ME 04756

Colleen Lundgren, M.S.

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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328 Main ST